2009 was the start of the global period of an economic contraction where we see multi national corporations take on a slump, abatement, bust, decline, depression, diminution, lull, pause, retreat, withdrawal, bankruptcy, collapse in their financial standings!

Yahoo layoffs to spread to France

Yahoo spokesman Brad Williams said employees in France will be affected by the Yahoo layoff that began in December, cutting 10 percent of staff worldwide, or 1,520 people. Because of different regulations, the French cuts are taking place later than those in the United States, and employees haven't yet been notified.

Williams declined to comment on the number who will be losing jobs or the timing of the cuts. However, a Yahoo source familiar with the situation said the Agence France-Presse figure is in the right ballpark.